Corporate moves

Corporate moves

Zhongmin Baihui sees growth in outlet malls; coronavirus outbreak impact yet to be felt

SINGAPORE (Feb 14): Online shopping is booming in Asia, but brick and mortar retail isn’t going away anytime soon.

Corporate moves

Capital World to restructure, suspends shares trading

SINGAPORE (Feb 13): Capital World, which is trying to develop a mixed development in Johor Bahru, has suspended the trading of its shares, as it attempts to restructure its debt load via a scheme o

Corporate moves

Vividthree aims to raise $2 million from placement

SINGAPORE (Feb 12): Vividthree Holdings, plans to raise at least $2 million in gross proceeds by issuing 15.88 million new shares priced at a minimum 12.6 cents each.

Corporate moves

GSS Energy intends to acquire new business if deal with CEO goes through

SINGAPORE (Feb 11): GSS Energy intends to acquire other new businesses if the deal to sell its precision engineering unit to its group CEO Sydney Yeung goes through, so as to avoid being deemed a “

Corporate moves

Vividthree to buy “Silent Horror” comic for $1.5 million

SINGAPORE (Feb 11): Vividthree Holdings, plans to pay $1.5 million for the intellectual property rights of a comic title, Silent Horror.

Corporate moves

Genting Singapore will not tap shareholders for Japan IR bid

SINGAPORE (Feb 4): Genting Singapore has won overwhelming approval from shareholders to spend up to US$10 billion to invest in a possible new project in Japan. 

Corporate moves

Amcorp assumes control over TEE Land

SINGAPORE (Feb 3): Malaysia’s Amcorp Group has assumed control over TEE Land and is making an offer of 17.9 cents per share to buy over the remaining 31.22% of TEE Land in which it hasn’t already o

Corporate moves

BreadTalk's finance and investment chief quits just weeks after group warns of FY2019 net loss

SINGAPORE (Jan 31): Chan Ying Jian, the group chief financial officer and group chief investment officer of BreadTalk Group, has thrown in the towel – just two weeks after the F&B group warned

Corporate moves

Market chatter suggests Yanlord is poised to make a general offer for United Engineers

SINGAPORE (Oct 28): After The Edge Singapore went to press on Oct 24, an announcement was due to be made on a transaction involving United Engineers.

Corporate moves

Ascott Residence Trust, Ascendas Hospitality Trust get over 99% approval from unitholders for proposed combination

SINGAPORE (Oct 22): The unitholders of Ascott Residence Trust (Ascott REIT) and Ascendas Hospitality Trust (A-HTRUST) have voted overwhelmingly in support of the proposed combination of the two hos

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